Advanced Microeconomic Theory (英語) ペーパーバック – 2003/4/1
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This rigorous, up-to-date text on modern microeconomic theory presents all of the core mathematics, neoclassical theory, game theory, and information economics needed to access the modern professional literature. Complex theory is patiently and carefully developed, then clearly explained and illustrated because even well-prepared students benefit from additional math help. Careful explanations, efficient theorem-proof organization, and many examples and exercises make this a uniquely effective text for advanced courses. Students will appreciate the clear writing and accessible style.
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I used MWG (Mas Colell) for the first semester Micro of the Phd program and most of my partners and I hated it, it is so complicated and has some excessive and wording detail for even simple things, however I should recognize that it is more complete than the rest of books, now in the second Micro we're using Jehle and Reny and we love it, to be honest this is the best book in Micro now (according to my knowledge and point of view), we also use Silberberg sometimes (very good) and Varian (has a lot of gaps even though it is easy to understand too) but this is the best, it is not probably as complete as MWG but it is more neat, precise and far more understandable, general equilibrium part has one third of the pages of MWG but it is better, it doesn't have Offer curves neither other minor things but the proofs of existence of Walrasian equilibrium and the welfare theorems are incredibly powerful and far shorter than those of MWG. For Game Theory it is also very very good, clear and precise without excessive wording.
I almost forgot....the Math appendix is the best I've ever found in any other Micro book, it gives you precisely what you need to get into the business.
This book is like "pure gold" no regrets of any kind.
JR has a superb explanation on the basic axioms of consumption, much better that MWG. So, it should be used in that case instead. Also, the book has Auctions, which is a subject unseen in MWG.
Students that use Economics as a tool like those in Public Policy, International Relations, Law and the like, should find this book very readable with some effort in Math.
Students in Economics should use this book as a companion to MWG, since it makes many concept clearer. The Math level in JR is not very demanding for someone familiar with Calculus and Linear Algebra, but if you are not acquainted with, the Appendix is really another high point in the book.
MGW is much more formal and is designed for making research in the field, instead of making you used to the subject. That is certainly necessary for future economists, who usually know basic concepts in Micro. Those who don't will be well equipped by using JR.